Your opinion
Trains
- Thread starter AProudLefty
- Start date
Why must everything be profitable? Especially, when it serves the public. Rail systems in Europe are becoming more popular.
“High-speed rail systems throughout the world have demonstrated that service revenues can cover operating costs without public subsidies to support operations. High-speed rail systems in Asia and Europe consistently attract and sustain strong ridership numbers and operating profits.Jan 11, 2022
https://hsr.ca.gov › 2022/01
PDF
High-Speed Rail: An International Success Story
T. A. Gardner
Serial Thread Killer
Not one of those turns anywhere close to a profit
https://www.statista.com/statistics...peed rail lines were more profitable in China.
https://www.bbc.com/news/business-55624103
https://www.cato.org/policy-analysi...ed-states-should-not-spend-trillions-obsolete
https://intheblack.cpaaustralia.com...ains-and-the-economics-of-high-speed-railways
High speed rail is a Socialist wet dream that ends with everyone broke and going to Hell.
T. A. Gardner
Serial Thread Killer
Why must everything be profitable? Especially, when it serves the public. Rail systems in Europe are becoming more popular.
“High-speed rail systems throughout the world have demonstrated that service revenues can cover operating costs without public subsidies to support operations. High-speed rail systems in Asia and Europe consistently attract and sustain strong ridership numbers and operating profits.Jan 11, 2022
https://hsr.ca.gov › 2022/01
PDF
High-Speed Rail: An International Success Story
Show me where in those links that high speed rail is profitable...
It’s highlighted.
T. A. Gardner
Serial Thread Killer
No, it's not. I perused both links. They had nothing on the economics of high speed rail.
Interesting. They have been successful and booming. Clean and practically slum and crime free. Everyone is enjoying successes and profits.
Are you a troll? Be honest.
High-speed rail systems in Asia and Europe consistently attract and sustain strong ridership numbers and operating profits
T. A. Gardner
Serial Thread Killer
No, they've grown on the Socialist use of taxpayer money and endless massive subsidies fed by taxation. They have never turned anything close to a profit and never will.
https://www.cato.org/policy-analysi...ed-states-should-not-spend-trillions-obsolete
https://www.bbc.com/news/business-55624103
https://www.thehamiltonreport.com/n...high-speed-rail-project-will-be-unprofitable/
https://www.linkedin.com/pulse/largely-unprofitable-china-continues-add-high-speed-rail-franklin
https://heartland.org/opinion/high-speed-rail-is-an-unprofitable-train-wreck/
T. A. Gardner
Serial Thread Killer
No, they don't, and that's at urban densities on the order of 10 to 30 times that of any American city.
Okay I lean towards you being a troll.
Is it your contention that corporations and politicians here in America are greedy? If so, I agree with you.
T. A. Gardner
Serial Thread Killer
No, it is my contention that government operated mass transit systems are inefficient, poorly managed, and massively unprofitable.
Here in America? Agreed.
Okay, you show that they aren’t profitable.
Is Tokyo Subway profitable?
Yes, it's true and it's been true since 1987. It also runs at a profit. Now to be fair, it was the Japanese government that was responsible for this genius move. It set up the private companies that run the subway systems in the mega city and then left them mostly alone.
https://www.thehealthyjournal.com/faq/do-japanese-trains-make-money
Copied wrong part of article, watching KU beat TCU
[h=1]Do Japanese trains make money?[/h][FONT="]Since launching in 1964, the bullet trains have proved to be remarkably safe, resilient and lucrative: Not only do many of the lines turn a healthy profit, but Shinkansen technology, including the software that supports the trains' famous punctuality, is a valuable Japanese export.[/FONT]
T. A. Gardner
Serial Thread Killer
That's true almost everywhere on the planet.
True. However, as my OP has shown, those countries have been doing just fine.
T. A. Gardner
Serial Thread Killer
Okay. Tokyo has an urban density of about 11,500 people per square mile. New York City has a density of about 4400. The problem in the US is that cities are so low density, so spread out, that public transit, in whatever form isn't economically viable.
Here in Phoenix they're putting in and expanding a light rail system. It'd be cheaper to buy regular riders of it a brand new Prius, or even a Tesla, and get rid of the rail system entirely.
https://www.eastvalleytribune.com/a...t, local,year. He was more right than he knew.
https://www.aei.org/carpe-diem/buyi...-phoenix-is-cheaper-than-light-rail-for-1-4b/
T. A. Gardner
Serial Thread Killer
Socialism isn't a viable answer. Eventually the money runs out. The better solution is one that is profitable, and that isn't mass transit until you get to absurdly high levels of urban density which is why the Left wants to force everyone into high-rise apartments.
Train derailments and wrecks are profitable and ecologically sound? It takes a lot of money to fix the mess and there are always lawsuits.
Does that sound profitable to you?
T. A. Gardner
Serial Thread Killer
What does that have to do with public transit and passenger rail?